Tag #Uk Economy

Showing 325 to 336 of 989 results

forbes.com
🌐 65% Global Worthiness
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Auto Trader Shares Plunge 14.2% on Slower Sales Growth

Auto Trader shares fell 14.2% to 788.2p on Thursday after reporting slower sales growth (5% to £601.1 million) for the fiscal year ending March 2025, due to vehicle shortages impacting dealer listings; however, the company expects sales to rebound in the second half of the current year.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Economic Growth Lags 25 Percent Behind Pre-Crisis Trend

The UK's economic growth is lagging 25 percent below pre-Great Financial Crisis trends due to underinvestment, skills gaps, and deteriorating health, according to the IMF, despite government initiatives.

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52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Toyota Shifts GR Corolla Production to UK to Meet North American Demand

Toyota plans to move some production of its GR Corolla sports car from Japan to its Burnaston plant in the UK, investing £41 million to create a new production line for 10,000 vehicles annually, starting mid-2024, to meet strong North American demand and utilize excess capacity, while benefiting fro...

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36% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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KFC to Invest £1.49 Billion, Open 500 Restaurants in UK and Ireland

KFC announced a £1.49 billion investment plan to open 500 new restaurants across the UK and Ireland within the next 10 years, creating 7,000 jobs, driven by high demand for fried chicken.

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44% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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UK to finalize NatWest divestment, incurring £10.2bn loss

The UK government will soon finalize its exit from NatWest Group, resulting in a £10.2 billion loss despite total proceeds of £35.3 billion from share sales, dividends, and fees, concluding a 17-year process initiated by the 2008 bank bailout.

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36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Consumer Confidence Rises Amid Easing Trade Tensions and Interest Rate Cut

UK consumer confidence improved in May, rising three points to -20 on GfK's index, due to easing trade tensions and a Bank of England interest rate cut; retail sales also increased by 1.2 percent in April, but inflation hit a higher-than-expected 3.5 percent.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Faces £30 Billion Tax Hike Amidst Worsening Finances

The UK government is facing a £30 billion budget shortfall and will likely implement significant tax increases to address the worsening public finances, despite prior tax hikes and increased government spending.

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68% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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IMF Urges UK to Revise Fiscal Rules to Avoid Spending Cuts

The IMF urges UK Chancellor Rachel Reeves to revise fiscal rules to avoid emergency spending cuts, citing the vulnerability of the current system to economic fluctuations and highlighting the need for long-term debt stabilization. The IMF upgraded the UK's 2024 growth forecast to 1.2%.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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IMF Warns of Further UK Tax Hikes Despite Upgraded Growth Forecast

The IMF upgraded the UK's growth forecast to 1.2 percent but warned of risks and the need for fiscal deficit reduction, potentially necessitating further tax increases by the shadow chancellor, Rachel Reeves, despite political resistance.

Progress

64% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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UK Driving Lesson Costs Soar, Impacting Learners Financially

Rising costs of driving lessons in the UK, now averaging £36-£40/hour, are straining learners financially, impacting their learning frequency and creating accessibility issues, while instructors cite increased operational expenses to justify the prices.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Faces Deepening Economic Crisis Amidst Rising Inflation and Borrowing

The UK faces a deepening economic crisis marked by rising inflation (3.5 percent), record-high government borrowing (£20.2 billion in April), and unaffordable public sector pay raises (up to 4.5 percent), amidst slow economic growth and declining investor confidence.

Progress

64% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Royal Mail Faces Ofcom Investigation Over Missed Delivery Targets

Royal Mail's failure to meet delivery targets for first-class mail (23.5% late) led to Ofcom's investigation and potential fines, raising concerns about service reliability and the impact on consumers amid a recent takeover and proposed regulatory changes.

Progress

40% Bias Score

Reduced Inequality

Showing 325 to 336 of 989 results